Beirut Port raises fees to fund expansion
- Lebanon: Tuesday, January 15 - 2013 at 06:32
The Lebanese Shipping Agents Syndicate (LSAS) and the Port of Beirut authority have approved a 12% increase in the fees paid by maritime agencies to the port after mediation from the public works and transportation ministry, Business News has reported. "We accepted the increase because the Port authority will use the additional funds to expand the Port, which would help the whole sector progress," said Hassan Jaroudi, head of the LSAS. The Port of Beirut's posted $158m in revenues in 2012, unchanged from the previous year.
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